The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Thursday, 7 July 2011
Case Study - BENALEC
1. Trend Line: Consolidation - Side Way (Neautral)
2. Breakout from sysmetrical triangle (Bullish)
3. higher high and higher low: (Bullish)
4. Candle Stick: Long whilet body with high vol -- greater than 40d MA(Bullish)
5. ADX: Good momentum (Bullish)
6. MACD: Cross 0 (Bullish)
7. RSI: Break 70% (Bullish)
8. Sto: Break 80% (Bullish)
Conclusion: 7 Bull 1 Bear
Agrresive Trader:
Entry Price: 1.57
Profit Taking: 1.60, 1.64, 1.69
Cut Loss: 1.49
Conservative Trader:
Entry Price: 1.62
Profit Taking: 1.64, 1.69, 1.73
Labels:
BENALEC
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